Jacob Chacko Purchases 50,000 Shares of FDMT

Jacob Chacko, an insider at FDMT, purchased 50,000 shares of the company on June 17, 2026. This move comes as FDMT's stock trades at $9.42, reflecting a growing interest in the company's potential.

Other Institutional Activity in FDMT

Janus Henderson Group PLC grew its holdings by 611,276 shares, ending with 5,247,151 shares valued at about $48.9 million. RA Capital Management, L.P. reduced its stake by 603,432 shares, bringing its total to 5,049,779 shares worth approximately $47 million. Meanwhile, Goldman Sachs Group Inc. trimmed its position by 97,467 shares, holding 4,205,438 shares valued at roughly $39.2 million. BlackRock, Inc. increased its stake by 80,427 shares, reaching 4,145,303 shares valued at about $38.6 million. Novo Holdings A/S maintained its position with 3,650,737 shares valued at $33.9 million.

Insider Buying and Selling at FDMT

On June 17, 2026, several insiders, including Jacob Chacko, Charles Theuer, Glenn Sblendorio, Susannah Gray, John Milligan, and Nancy Miller-Rich, each purchased shares. Jacob Chacko and others bought 50,000 shares each, while John Milligan acquired 75,000 shares. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

On March 30, 2026, Jefferies assumed coverage with a buy rating and a $21.0 price target. HC Wainwright & Co. reiterated its buy rating with a $36.0 target on March 20, 2026. RBC Capital maintained its buy rating on March 19, 2026, with a $35.0 price target. Chardan Capital also maintained its buy rating with a $26.0 target on the same day. Barclays initiated coverage with a buy rating and a $33.0 target on January 28, 2026.

Bottom Line

Jacob Chacko's recent purchase of 50,000 shares underscores significant insider interest in FDMT. Investors often track insider transactions for potential signals about a company's future. It's important to remember that these filings reflect past actions and may not indicate current positions.